Carnaby Resources Ltd. (AU:CNB) has released an update.
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Carnaby Resources Ltd. reported promising exploration results from its Greater Duchess Copper Gold Project in Queensland, highlighting significant copper and gold discoveries at the Mohawk and Deejay/Jude prospects. The high-grade assay results exceed initial expectations, indicating substantial mineralization potential across several undrilled sections. With a strong cash position of $7 million, the company is well-positioned to continue advancing its exploration activities.
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